Stable Basra crudes prices amid global oil market volatility

Last Update: 2023-10-31 10:30:06 - Source: Shafaq News

Shafaq News / Prices of Basra Heavy and intermediate crudes remained stable on Tuesday, in line with the global increase in oil prices.

Basra Heavy crude oil stabilized at $86.06, while Basra intermediate crude oil also remained stable at $89.20.

Global oil prices rose after dropping more than three percent in the previous session, as concerns about supply disruptions from conflicts in the Middle East outweighed weak Chinese data.